MMS #48 | Investor stories: Lessons from a second-gen Kiwi working toward financial freedom

In this episode of Money Made Simple, Liv sits down with Simplicity member Rugved Deshpande to share his real-life finance journey. From childhood savings jars and pocket money to index funds, KiwiSaver choices, and building wealth his own way. As a second-generation Indian Kiwi and management accountant, Rugved reflects on how his upbringing shaped his money mindset, and how that mindset has evolved over time to where he is at today. This episode covers:

Rugved’s early memories of money, shaped by his parents’ immigrant experience and a strong culture of saving vs investing

• His transition from saving everything to building confidence with investing
• The importance of routine and "payday automation" for budgeting and long-term investing
• Why he switched KiwiSaver providers and how he feels about fund choice and contribution levels today
• His long-term financial goal of working by choice, not necessity
• Why home ownership isn’t currently part of the big plan
• The three lessons he’d give his younger self when it comes to money

This episode explores how your background influences your money habits, why early investing doesn’t have to be perfect, and how small, consistent actions (like automated investing and setting goals) can quietly grow your financial future over time. We're so grateful to Rugved for taking the time to open up and chat with us!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.